InvestorsHub Logo
Followers 8
Posts 1849
Boards Moderated 0
Alias Born 12/18/2005

Re: Monksdream post# 14232

Sunday, 12/03/2023 5:39:17 PM

Sunday, December 03, 2023 5:39:17 PM

Post# of 14647
You obviously don’t know what blockchain is and you don’t understand the value of a digital currency. And you mention that bitcoin will become more expensive to mine, but you didn’t mention that the number mined will be cut in half. That will cause a supply and demand issue which will cause the price of Bitcoin to rise. I believe that most of the small miners will go out of business and a miner like Marathon will be able to buy out some of these for pennies on the dollar. It sounds like you are also overlooking the world climate problem. Marathon is starting to mine using renewable energy and this will enable these renewable energy companies to start making money. You should Google Greta Thunberg Bitcoin and you can watch a video where she says that she was mistaken about the value of Bitcoin and is now a spokesperson for mining Bitcoin.
Unfortunately for you, I think you are missing a once in a lifetime opportunity to get rich. Bitcoin has 3 cycles. Bear Cycle, Accumulation Cycle and Bull Cycle. I think we are nearing the end of the Accumulation Cycle and we are starting to see signs of the coming Bull Cycle. But maybe you will learn your lesson and try to catch this train in a few years when the cycles will repeat themselves.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MARA News